November 30, 2016 BY Valentina Kirilova
Market Misconduct Tribunal fines AcrossAsia Limited, its former chairman and CEO a sum of $2 million
The Market Misconduct Tribunal (MMT) has today fined AcrossAsia Limited (AcrossAsia) $600,000, its former chairman Mr Albert Saychuan Cheok $800,000, and chief executive officer Mr Vicente Binalhay Ang $600,000 after finding they had failed to disclose inside information to the public as soon as reasonably practicable as required under the Securities and Futures Ordinance (SFO).…
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